How First Bank of Nigeria became the pioneer in Africa to implement Oracle HCM Cloud
Client background
Client: First Bank of Nigeria
Industry: Banking & Financial Services
Products/Services: Retail banking, corporate banking, commercial banking and public-sector banking
Areas of operation: Africa and UK
Challenge
The bank’s traditional HR systems were largely non-standardized and non-harmonized, out of which, many had manual processes, resulting in dependencies at various levels. The bank was burdened with:
The bank wanted to eliminate these challenges by adopting online systems for faster recruiting, and agility and efficiency in daily operations.
Solution
Wipro enabled the bank to embark on a transformation program. We designed a hybrid IT architecture and implemented the Oracle HCM Cloud solution across the bank’s HR functions such as talent management, benefits, absences, payroll interface, learning, and recruitment and social sourcing.
Wipro leveraged ‘Wipro’s Jumpstart Kit for Oracle Cloud’ – an array of tools and accelerators for rapid cloud migration – as part of the simplified methodology for accelerated cloud implementation Concurrently, we also deployed:
Business impact
First Bank of Nigeria became the first indigenous organization in Africa to implement the enterprise edition of Oracle HCM Cloud, enabling operational efficiencies and immense benefits to its employees and the leadership.
“FBN is engaged in an internal transformation journey, and the implementation of the HCM Cloud solution has been a significant milestone in our endeavors. The Oracle Taleo Recruiting Cloud solution has improved our reach to attract talent by leveraging social media channels as opposed to relying on traditional modes of recruitment alone. Both the FBN leadership and our 7,500+ employees have immensely benefitted from this successful implementation.”
Dr. Adesola Adeduntan - CEO, First Bank of Nigeria
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